Lack of Support for BCH Deposits Will Limit Price Discovery
The price of Bitcoin Cash is fluctuating wildly just days after it was minted – a trend expected to continue as bitcoin users face difficulty accessing their BCH deposits.
BCH price discovery was off to a rocky start on Tuesday, with volatility extending throughout the week. Values peaked at $756.93 on Wednesday before crashing below $400 during the same session. BCH was last down 22% near $373.00 for a market cap of roughly $6.2 billion.